Rented for: RM9,000 a month

Concluded by: Mayzel Wong (REN 17359) of Khoo & Associates Realty (017-575 8999)

When: July, 2018

Noteworthy:
● A factory with a land area of 10,500 sq ft and built-up size of 6,000 sq ft
● Nearby amenities: Mydin shopping mall, Bukit Tengah railway station, eateries and Juru Auto City
● Easy access to North-South highway, 15km to Bandar Cassia in Simpang Ampat, 23km to George Town and 24km away from Penang International Airport.

Located in Central Seberang Perai district, Penang, Saga Jaya Industrial Park is a new industrial park in the established Perai industrial zone and is next to Taman Nagasari.

According to Mayzel Wong of Khoo & Associates Realty, this boutique industrial project was completed end-2017. It consists of around 20 factories with choices of semi-dee and bungalow factories.

“The project is still on-going with more factories coming up in the future. This new industrial park has offered newer factory choices to the business owners who are looking for factories, warehouses or offices in the Seberang Perai area,” she said.

In this rental deal concluded by Wong, the 1½-storey factory with 6,000 sq ft built-up, which was built on a 10,500 sq ft freehold land, is leased out for a monthly rental of RM9,000.

The tenant is a small industry machinery hardware manufacturing company who is looking for a new factory as warehouse and office.

According to Wong, the owner is an investor who is looking for rental income.

“The tenant likes the factory for the location, as it is close to established industrial areas such as MIEL Perai industrial area, Perai 3 industrial area and Perai industrial area,” she added.

Available online listings showed that asking rental for a semi-dee factory in the Seberang Perai area ranges between RM9,000 and RM11,000 (or RM1.60 to RM2 psf).

Interested to buy properties in Seberang Perai, KL​? Click here.

Editor: To real estate agents — Have you just concluded an interesting deal? We would love to hear from you! Contact us at [email protected]